Midtown Loft & Terrace Salary

As of August 2026, the average annual salary for employees at Midtown Loft & Terrace in the United States is $105,132. This translates to an approximate hourly wage of $51. Salaries at Midtown Loft & Terrace typically range from $92,405 to $118,939 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Midtown Loft & Terrace

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Is Midtown Loft & Terrace’s Pay Competitive? Salary Benchmarking Analysis

How does Midtown Loft & Terrace's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Nitzan Design $105,005
-0.1%
Confirms Nitzan Design is a direct competitor vying for the exact same talent pool.
L & L Accountancy Inc $93,540
-11.0%
L & L Accountancy Inc may offer non-monetary perks in lieu of competitive base salaries.
Oveana Global Business Services - Integrated Human Capital $78,055
-25.8%
Oveana Global Business Services - Integrated Human Capital likely leverages performance bonuses over the high base salary shown here.
The Sidelines Group Inc $87,274
-17.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Business Services Industry $120,931
+15.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Midtown Loft & Terrace

Considering a career at Midtown Loft & Terrace? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. I never feel guilty about taking time off when needed, and the culture actively discourages burnout. However, expectations are clear and deadlines are usually reasonable. People are focused on collaborating to achieve common goals, not on personal agendas.
I'm consistently impressed by the high caliber of my colleagues; everyone is knowledgeable, driven, and dedicated to providing exceptional service to our clients. They meet expectations but don’t exceed them. Managers are approachable, but initiatives often. I appreciate the flexible work arrangements that make balancing personal and professional life easier. Training is offered, but often general...
It’s an environment where people can grow and feel supported. The benefits package is generous, and compensation is regularly reviewed. The company is decent overall, with reliable processes and well-defined roles. Got the job done but lacked the personal touch of providers. They take the time to understand our needs and deliver tailored solutions.

Midtown Loft & Terrace Overview

Website
www.midtownloft.net
Founded In
2005
Employees
<25 employees
Industry
Business Services
Headquarter Address
267 5th Ave New York City New York NY 10016
Revenue
<$5 Million
Phone Number
+1 2125370117
Social Media
About Midtown Loft & Terrace
An upscale venue in the heart of New York City in Midtown Manhattan, offering two distinctly elegant spaces: Midtown Loft and Midtown Terraceat one address.

What Benefits Does Midtown Loft & Terrace Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midtown Loft & Terrace offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Midtown Loft & Terrace.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Midtown Loft & Terrace, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Midtown Loft & Terrace salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Midtown Loft & Terrace

1. What is the average salary for employees at Midtown Loft & Terrace?

The average annual total compensation for employees at Midtown Loft & Terrace is approximately $105,132. However, this is an aggregate figure, actual salaries can range significantly, typically from $92,405 to $118,939, depending on factors like job role, experience, and location.

2. How much does Midtown Loft & Terrace pay compared to Nitzan Design?

The average annual salary at Midtown Loft & Terrace is $105,132, or an hourly wage of $51, in comparison to Nitzan Design which pays $105,005 per year or $50 per hour.

3. What is the lowest salary at Midtown Loft & Terrace?

The lowest-paying job at Midtown Loft & Terrace is a Cocktail Waitress with a salary of $20,898 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Midtown Loft & Terrace?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Midtown Loft & Terrace for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Midtown Loft & Terrace offer cost-of-living adjustments (COLA) for employees in high-cost areas like New York?

While some companies offer formal COLA, many, including potentially Midtown Loft & Terrace, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Midtown Loft & Terrace?

Most companies, likely including Midtown Loft & Terrace, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.